Buy Today Sell Tomorrow(btst)

Discussion in 'Beginners Guide' started by deepak5442, Nov 30, 2007.

  1. deepak5442

    deepak5442 New Member

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    WHAT IS BUY TODAY SELL TOMARROW FEATURE OF ICICI DIRECT.COM?
    can somebody tell about this?
     
  2. fast_rizwaan

    fast_rizwaan Active Member

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    Re: Buy Today Sell Tomarrow(btst)

    you can buy some selected shares (like nifty, junior nifty, and midcap stocks) which can be sold within 2 days before delivery.

    Usually delivery of shares happends in T+2 days, i.e, 3 days, so if you want to profit from price rise within 3 days, BTST will help.
     
  3. bala3332003

    bala3332003 New Member

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    Re: Buy Today Sell Tomarrow(btst)

    suppose if i buy a share thru btst ...but i don want to sell that share after two days..can i hold it..
     
  4. yatishjain

    yatishjain Member

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    Re: Buy Today Sell Tomarrow(btst)

    can u give sum examples of midcap stocks which come under btst
     
  5. marcus

    marcus Active Member

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    Re: Buy Today Sell Tomarrow(btst)

    sure you can, simply don't sell and you'll have the share put into your demat account on T+2
     
  6. suba_stocks

    suba_stocks Member

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    Re: Buy Today Sell Tomarrow(btst)

    every broker has there own list of buy today and sell tomorrow stocks....please understand.

    before you sell please check the quantity of shares of btst in your dp...for example ...kotak securities allow only 75percent of the stocks you bought will be allowed to sell of btst cateorgy...that is even the scrip is in btst you are allowed to sell only 75percent( those many shares only reflected on dp)

    so better check brokers list of btst and how much percentage is allowed to sell of total quantity stock bought.

    good thing is check atleast once your dp...as your dp will reflect btst shares with number of quatity and then sell.
    regards
    suba
     

  7. sharekingg

    sharekingg New Member

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    Re: Buy Today Sell Tomarrow(btst)

    Is this facility available on Sharekhan
     
  8. Raju

    Raju Well-Known Member

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    Re: Buy Today Sell Tomarrow(btst)

    I had asked sharkhan ...In cash market i have done btst for many scrips but every time it has gone for auction..Even though the marketing guy says ..it is better to avoid doing btst in sharkhan in cash market ..if u get any solid list from sharekhan please forward it to this forum ...
     
  9. vasa1

    vasa1 Active Member

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    Re: Buy Today Sell Tomarrow(btst)

    Geojit also has BTST scrips, quite a few. But as other posts suggests it is better to read the fine print before getting into this. I couldn't find any info on their site. So perhaps will have to call the toll-free number
     
  10. vipulk

    vipulk New Member

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    Re: Buy Today Sell Tomarrow(btst)

    I have idea about indiabulls. Indiabulls provide cash to hold BTST shares for 7 days and then if you are not able to sell them then they will squareoff them to get the money. In liu they charge some percentage everyday which is quite high so my openion is don't go for it untill unless you are sure you are going to get high returns on any scrip in few days.

    I have burned my hands in it. :(
     
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